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R3,950,000

Monthly Bond Repayment R42,806.43
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R3,030

Buy of the Century - Your Time is NOW

This charming, successful Bed and Breakfast is in a prime location in Wartburg and can, currently, accommodate up to 27 people. The B&B business is included in the sale of the property - the average occupancy rate is between 70-80% with peak season being Jan-Mar when occupancy is close to 100%.
This is the only B&B in Wartburg and is a vendor for both sugar mills, the Illovo and UCL.
An inventory list will be supplied of all items that will be sold with the property.
The current owners live in the main house which is set in a gorgeous garden. The sparkling pool is conveniently positioned so that both the house and guest cottages are able to utilize this facility.
The main house has three bedrooms, three bathrooms, study, dining room, kitchen, pantry, scullery/laundry and a storeroom. The house has been beautifully restored with exposed wooden floors, doors and windows. There are two verandas. There are three cottages, a luxury suite, an entertainment room plus a backpackers duplex. In the spacious yard you have 3 garages, 2 storerooms and a staff cottage plus 2 separate staff toilet.
This outstanding property/business needs to be seen to be appreciated. If you are a serious buyer with a passion for the hospitality business then this will be the ideal opportunity to begin a new, exciting chapter.
Give me a call to arrange a viewing -

Features

11
11
3
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
11
Kitchens
7
Reception Rooms
13
Studies
1
Exterior
Garages
3
Carports / Parkings
30
Security
Yes
Flatlet
3
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
13,000m²
Extras
2 x Staff toilet, Jojo tank with pressure pump, fans, store rooms
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

42,806.43

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